Insurers ‘unready’ for climate change

Environmental lobby says few firms have robust internal policies

Willis in London insurance deal talks

Move highlights drive for consolidation in wholesale insurance

Insurers press Osborne on flood defences

Most money last winter went on repairs instead of new protection

Old Mutual buys Quilter Cheviot for £543m

Bridgepoint to reap return of three times initial investment

Annuity reforms will ‘restrict mortgages’

Lack of income will make it harder for older borrowers

Millions join Indonesia’s insurance scheme

Government pay premiums on behalf of poorest 96m of the country’s 250m population

Deal-doers slam the brakes on

Many transactions that felt like dead certs a few weeks ago are trundling towards the scrapyard

UK accused of lack of clarity on pensions

Partnership says sector is trying to decipher announcements

China insurer mimics Buffett with Waldorf buy

Anbang looks more like a private equity fund than a life insurer

FSB’s collateral rule for shadow banks

Watchdog wants borrowers to put up plenty of collateral when they raise funds

Quindell says it is on track for targets

Insurance claims processor revises down estimate of revenues it needs

Friends Life fears pension reform risks

Warning providers will be held responsible amid ‘blame culture’

Insurers’ failure on ‘death tax’ changes

Outdated information being sent out to clients

Car insurance premiums back on rise

First evidence of an end to the era of cheaper cover

Brussels bid to unblock credit

Commission eases rules on asset-backed securities

Old Mutual drops IPO price for asset unit

Financial services group cuts target price by almost a fifth

Geithner defends US action in AIG bailout

Testimony turns on whether insurer’s investors were ‘wiped out’

Waldorf buyer boasts Deng Xiaoping links

Founder is the grandson-in-law of the architect of modern China

BoE overhauls deposit guarantee protection

Large deposits from house sales are to have extra cover

Paulson says ‘harsh’ AIG bailout needed

Former Treasury secretary gives testimony in Greenberg lawsuit


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